Happy to chat more over DMs if you’re interested.In general, the difference between co-hosting and full-time property management comes down to how involved you’d like to be as the owner.Co-hosting is a good fit if you want to stay engaged but offload certain tasks like guest messaging or calendar management.Property management is better if you’d prefer to be completely hands-off, with the manager handling everything including guest communications, maintenance, cleaning, turnovers, etc.However, there are two big benefits, in my opinion, to co-hosting over property management.

The kids assume they're getting a clean inheritance and start planning the sale to split the proceeds.

Most management companies charge inspection fees whether quarterly, seasonal, biannual or annual.STR's will be a lot more in fees due to it being more of an active business, more turnovers, dealing with prospective people & clients, cleanings, etc. 

I’m already got money invested in these appraisals which wasn’t needed and in ever received, and richer values , as well as time and design, meetings, clean up of property , and reno prep at propety to get ahead of draws with seller permission because we thought we would close and I had a schedule of when I wanted to be competed and refinanced.

My best results this year have come from leaning into that demand and keeping the value add light so the exit is fast and clean.

Get a clean, local house hack or BRRRR or buy and hold, learn the fundamentals, then expand to take on more risk for more rewards later. 

Regular inspections and scheduled maintenance (like cleaning gutters, checking smoke detectors, and servicing HVAC) protect your investment.Treating it like a hobby, not a businessTrack income, expenses, and receipts properly.

Most new STR owners don’t realize how much the way a property is classified can impact their tax outcome.If you’re actively managing your rental, responding to guest messages, coordinating cleaning, setting rates, handling maintenance, and keeping things running smoothly, your STR income can be considered non-passive.

Consistent execution plus clean reporting is what earns better money.

Keep it clean with no prohibited transactions or self‑dealing, use third‑party servicers, and title everything in the IRA’s name if buying.